Seamec Reports Rs 100 Cr Net Profit in Q3, Reversing Previous Loss

• Logistics solution provider Seamec posted a net profit of Rs 100 crore in the December quarter.
• This marks a significant turnaround from a net loss of Rs 3.23 crore in the same period of the preceding financial year.
• The company's total income more than doubled to Rs 331.44 crore from Rs 139.39 crore in Q3 FY25.
• Domestic revenue surged to Rs 237.48 crore, while overseas revenue grew to Rs 79.57 crore.
• Mumbai-based Seamec specializes in bulk carriers, offshore fleet services, and EPC for infrastructure projects.

Why It Matters: Seamec achieved a remarkable turnaround, reporting a Rs 100 crore net profit in Q3 driven by strong income growth.